7 Stocks you need to know for Wednesday

A dismal home sales report counteracted an improved factory outlook resulting in stocks closing mixed on the session. The U.S. dollar fell hard against the major currencies while the automakers announced an improved December. The DJIA fell 11.94, the Nasdaq gained 0.29, and the S&P 500 added 3.53.

Here are 7 stocks you need to know for Wednesday.

Monsanto Co ( MON | Quote | Chart | News | PowerRating) reports prior to the bell with an expected EPS of 1 cent.

Discount retailer, Family Dollar Stores Inc ( FDO | Quote | Chart | News | PowerRating), has its sights set on an EPS of 47 cents before the open on Wednesday morning.

After the close on Wednesday, Bed Bath & Beyond Inc ( BBBY | Quote | Chart | News | PowerRating) announces its results with a forecast number of 42 cents/share.

Mid-range dining specialists, Ruby Tuesday Inc (Ga) ( RT | Quote | Chart | News | PowerRating) is expecting to see a loss of 1 cent after the bell on Wednesday.

Meredith Whitney cut Goldman Sachs Group Inc ( GS | Quote | Chart | News | PowerRating) for the second time in a month.

Google ( GOOG | Quote | Chart | News | PowerRating) announced that it will be releasing its own mobile phone called Nexus One.

Ford Motor Co ( F | Quote | Chart | News | PowerRating) announced its first full year gain in U.S. market share since 1995 despite a dismal overall year for U.S. automakers.